What are Australia's biggest tech companies?

By Sam McKeith 25 January 2019 3 min read

Australia may not be home to tech giants like Apple, Facebook, Netflix and Google, but we nonetheless have some very impressive technology companies of our own.

While they may be less well known than their international counterparts, the ASX100 features several technology companies with serious clout.

Here we take a look at some of the biggest technology companies in Australia to find out what who they are and what they’re all about.

1. Atlassian - market cap $18bn

Although listed on the NASDAQ, not the ASX, Atlassian has garnered worldwide attention for its rapid rise up the ranks of global technology stocks and with a market cap in excess of $18bn it would sit safely in the S&P/ASX50. Founded by two Australians, Atlassian is a software company that builds platforms and tools for businesses.

Among its products is JIRA- a platform for software developer teams to plan and project management, Confluence for team content creation, Trello for capturing and adding structure to team work and Bitbucket for team code sharing and management. Other tools include Atlassian Access, Bamboo, Crowd, Crucible, Fisheye, Sourcetree and Statuspage.

2. Computershare Ltd - market cap $10.7bn

One of Melbourne’s first start-up technology companies, Computershare provides specialist computer bureau services to Australian share registrars and today manages over 75 million customer records, has over 12,000 employees and operates in 21 countries.

In addition to its transfer agency and share registration services, Computershare offers employee equity plans, proxy solicitation, mortgage servicing, stakeholder communications, and a range of other diversified financial and governance services.

3. REA Group – market cap $9.4bn

A multinational digital advertising business specialising in property, REA Group operates a range of Australia’s leading residential, commercial and share property websites, including realestate.com.au, realcommercial.com.au and Flatmates.com.au. REA Group also owns leading portals in Malaysia, Hong Kong, Indonesia, Singapore and Hong Kong, with property-related sites also present in China and Thailand.

In addition, REA Group owns an Australian mortgage broking franchise group and Hometrack Australia Pty Ltd, a leading provider of data property services. The company was founded 1995 in Doncaster, in the Eastern Suburbs of Melbourne.

4. Xero Ltd – market cap $5.5bn

Xero provides accounting software to small businesses and their advisors and boasts over 1.5 million subscribers in over 180 countries. Often described as a cloud-based accounting software program, Xero is listed on the ASX but is headquartered in Wellington New Zealand.

Founded in 2006, the company now has a workforce of 2,300 people with offices in New Zealand, Australia, the United Kingdom, the United States, Canada, Asia and South Africa. It allows users to streamline processes like invoicing, payroll and cash flow management.

Founded in New Zealand in2005, Link Administration Holdings, also known as Link Group, was originally a share registry business within an accounting firm. Today, it has its headquarters in Australia and administers financial data and delivers information solutions for companies and large asset owners globally.

Link Group’s core business consists of fund administration and securities registration and it is the largest provider of services in Australia's superannuation fund administration industry. It has over 7,000 employees working across 18 jurisdictions.

6. Carsales.com Ltd – market cap $2.9bn

Carsales, the largest online auto classifieds business in Australia, was founded in 1997 and has its headquarters in Richmond Victoria. In addition to its classified business, it offers vehicle inspections and history reports, car valuation, pricing tools and independent expert news and reviews.

The company employs more than 600 people in Australia and has operations across the Asia Pacific region. It also has interests in leading automotive classified businesses in Brazil, South Korea, Mexico, Chile, Colombia and Argentina.

The Spaceship Universe Portfolio invests in Computershare, REA Group, Xero, Link and Carsales.com.

The Spaceship Index Portfolio invests in Computershare, REA Group and Xero.

Important! We’re sharing with you our thoughts on the companies in which Spaceship Voyager invests for your informational purposes only. We think it’s important (and interesting!) to let you know what’s happening with Spaceship Voyager’s investments. However, we are not making recommendations to buy or sell holdings in a specific company. Past performance isn’t a reliable indicator or guarantee of future performance.

Words by
Sam McKeith Right Chevron

Sam is an award-winning writer, producer and director who brings a wealth of experience as a storyteller and journalist for a range of leading media outlets.

What are Australia's biggest tech companies?